African Eagle gets pleasant surprise at Sasare
Trench sampling by African Eagle Resources (AFE-L) at its Sasare property in eastern Zambia has exposed a long zone of copper showings.Three trenches on a group of showings called Eagle Eye exposed a …
News
Rimfire hits mineralized breccia at Thorn
Vancouver — Systematic exploration over the Thorn property by partners Rimfire Minerals (RFM-V) and Cangold (CLD-V) has resulted in the discovery of a polymetallic heterolithic breccia some 130 km so…
American Bonanza proves up Copperstone
Vancouver — Initial results from an ongoing 9,000-ft. program of underground drilling have confirmed the high-grade nature of the D zone on the Copperstone gold project in Arizona.American Bonanza Go…
Odyssey funds Turkish projects (November 24, 2003)
Following in the footsteps of its peers, Odyssey Resources (ODX-V) is attempting to raise $2 million via a private placement.Pacific International Securities shall try to place 6.7 million units of th…
Discoveries lure Placer Dome, Meridian Gold to Newfoundland
St. John’s, Nfld. — With little fanfare, Barrick Gold (ABX-T) walked away from the much-hyped Botwood Basin in Newfoundland earlier this summer after spending some 15 months assessing the potential f…
Miramar takes option on George Lake, Goose Lake (November 24, 2003)
In a deal with major Kinross Gold (K-T), junior producer Miramar Mining (MAE-T) has taken up an option to earn a 60% interest in the George Lake and Goose Lake gold properties in Nunavut.The basic ear…
Southern Rio drills 3Ts showings
Vancouver — Southern Rio Resources (SNZ-V) has begun drilling at its 3Ts epithermal gold-silver project, 125 km southwest of Vanderhoof, B.C.The program is targeting the Ted vein, where previous dril…
North Atlantic drills in western Mali
North Atlantic Nickel (NAC-T) is drill-testing the limits of three gold prospects at the Kantela gold project in western Mali.The program will entail 4,340 metres in 60 reverse-circulation holes. None…
Mustang expands Bannockburn showing (November 24, 2003)
Continued chip and grab sampling by Mustang Minerals (MUM-V) have returned more high-grade nickel values from the Bannockburn property, about 100 km southeast of Timmins, Ont.Samples from massive and …
Editorial Cartoon (November 24, 2003)
Chrtien’s departure comes not a day too soon The long, long goodbye
Gentlemen, those are my principles. And if you don’t like them, I have others. — Barney Barnato, famed magnate of the South African rand, to a meeting of shareholders.Even if they were assorted and a…
Risk and risk management
It is obvious that if you want to make returns (that is, to create value for your shareholders), you have to accept risk. In Rio Tinto, we say that the key to valuation is understanding risk and ensur…